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Daily Scoop | Fri, Sep 13, 2019 | By

🍨 Daily Scoop: No more gig economy

Hi Scoopers, The stock market was a roller-coaster on Thursday. Two opposing forces first dragged investors down into the ditch and then elevated them high to the peak. In the...Read More

Stocks | Fri, Sep 13, 2019 | By

WeWork plans to list on Nasdaq, pledges oversight changes

WeWork’s parent company has chosen to list its shares on Nasdaq and plans sweeping changes in its governance as the shared workspace provider speeds up preparations for its hotly anticipated...Read More

Business | Fri, Sep 13, 2019 | By

These are the worst tippers in America

“Give as if you were taking,” Hisham Matar, the Pulitzer Prize-winning author of the memoir “The Return,” said his late father advised him. But not everyone follows that rule when...Read More

Daily Scoop | Thu, Sep 12, 2019 | By

🍨 Daily Scoop: Negative interest rate!

Happy Wednesday Scoopers, All stock market sectors finished yesterday in the green zone. And, one American, in particular, wants the Fed to cut the interest rate below zero. We’ve got...Read More

Economy | Thu, Sep 12, 2019 | By

The ECB decision is coming — here’s what to expect

European Central Bank President Mario Draghi If there’s one thing that observers agree on with respect to Thursday’s European Central Bank meeting, it’s that policy makers will announce a series...Read More

Business | Thu, Sep 12, 2019 | By

Wm. Morrison profit jumps 49%, expands Amazon partnership

Wm. Morrison Supermarkets PLC (MRW.LN) said Thursday that pretax profit rose 49% in the first half of fiscal 2020 and announced an extension of its relationship with Amazon.com Inc. (AMZN)...Read More

Daily Scoop | Wed, Sep 11, 2019 | By

🍨 Daily Scoop: The tide is turning

Hey Scoopers, The calm before the storm continued, while a few winners emerged in the market.  Notably, a few next-generation retailer stocks got boosted on Tuesday. However, the story is not as...Read More

Business | Wed, Sep 11, 2019 | By

Luxury-goods retailer Hermes posts higher profit, revenue

Hermes International SCA said Wednesday that first-half net profit and revenue rose, and backed its medium-term revenue outlook. Hermes RMS, -1.78%, which is best known for its leather bags, said...Read More

Business | Wed, Sep 11, 2019 | By

Zara-owner Inditex posts higher net profit, sees single-digit sales growth ahead

Spain’s Inditex said Wednesday that net profit in the first half grew, and that the company expects like-for-like sales to rise by a mid-single digit in its full-year 2019. The...Read More

Daily Scoop | Tue, Sep 10, 2019 | By

🍨 Daily Scoop: The calm before the storm

Hey Scoopers, Some of the recent tech IPOs are getting hammered. Investors don’t seem to love these IPOs’ rapid-growth, no-profit model as much as they used to. Beyond that, the...Read More